Opening an account | International banking - HSBC MY (2024)

Important notes

HSBC Bank Malaysia Berhad 198401015221 (127776-V). Member of PIDM.

1Subject to HSBC local policy and regulatory requirement

2 Protected by PIDM up to RM250,000 for each depositor.

3 The supported Foreign Currency Accounts will be opened automatically by the following working day.

4 Applicable to successful retail purchases, online shopping and cash withdrawals performed with Visa Debit Card under the available supported currencies only. For supported currencies: If you do not have sufficient foreign currency to complete a transaction, we will convert at prevailing rate as determined by the bank and bill you in Ringgit Malaysia. For unsupported currencies: The entire transaction amount shall be converted at a prevailing rate as determined by Visa International and billed to you in Ringgit Malaysia, except for cash withdrawals performed via HSBC Group ATMs (GATS) which the withdrawn amount will be automatically converted to Ringgit Malaysia at the prevailing rate as determined by the bank.

5 HSBC Advance customers will be charged RM8 for debit card issuance and annual fees respectively.

6For HSBC Premier or HSBC Advance customers only. Subject to destination country/region's local regulation and HSBC internal policy requirement. HSBC Premier customers enjoy zero transfer fees.

Opening an account | International banking - HSBC MY (2024)

FAQs

Opening an account | International banking - HSBC MY? ›

To start your account opening process, simply visit your local HSBC

HSBC
HSBC Holdings plc (Chinese: 滙豐; acronym from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
https://en.wikipedia.org › wiki › HSBC
branch, or contact your Relationship Manager. Our staff will connect you to our International Banking Center through a phone call.

How do I set up an international account with HSBC? ›

What documents will I need to apply?
  1. your employment, income and tax details.
  2. valid proof of identity, such as your passport, driving license or national ID.
  3. proof of address, such as a bank statement or utility bill.
  4. additional documents, subject to qualification status, local laws and regulations.

How do I open a HSBC Global account? ›

How to open an overseas account
  1. Choose your destination. Tell us where you are now, and where you want to open an account. ...
  2. Check you can apply. You can apply if you're at least 18 years old and have a valid reason for opening an account overseas. ...
  3. Start your application.

Is HSBC an international bank account? ›

Bank internationally with HSBC

From seamless digital banking and special offers abroad, to wealth management, tax and relocation guidance, we move with you – whatever your global banking needs are.

Can I open an international bank account online? ›

Some banks will let you open an international account online – but this isn't always an option with a bank. Account opening is usually free with banks, but there might be a minimum deposit amount to open the account.

Can I open a HSBC Expat account? ›

To join HSBC Expat you must be over 18, resident of an eligible country or region11 view footnote 1, and meet one of these criteria: Save or invest at least £50,000 (or currency equivalent) with HSBC Expat within 3 months of opening your account, or​ Have a salary of at least £100,000 (or currency equivalent), or​

Can I open a bank account in another country without living there? ›

If you're wondering, “Can I open a bank account in another country?” the answer is typically yes. Whether you are pursuing life as a digital nomad, studying abroad for a semester or two, or traveling with friends or your significant other for a few months, you're going to need access to funds.

Is the HSBC Global account free? ›

Global Money allows you to hold and convert money in multiple currencies. You can then manage, spend and send foreign currencies globally, at the most competitive exchange rates and with no HSBC fees.

Is HSBC Everyday Global account worth it? ›

The HSBC Everyday Global Account is your one account for the world. It has been awarded Canstar's 5-Star Rating for Outstanding Value – Transaction Account 2021 & 2022, Outstanding Value – Travel Debit Card 2018 - 2023 and Mozo's Exceptional Everyday Account Award 2021 & 2022.

Who is eligible for HSBC Global Private Banking? ›

Who can apply? HSBC Private Banking services are available for those clients with assets over £1,500,000 (or currency equivalent), including any assets already held across HSBC in the Channel Islands and Isle of Man.

What countries can you use HSBC international account? ›

Available countries and regions
  • Australia.
  • HSBC Expat (Offshore banking services)
  • China.
  • Hong Kong.
  • India.
  • Singapore.
  • UAE.
  • USA.

Can I open a HSBC account in the USA? ›

You can submit an online application for many of our accounts. From us.hsbc.com, click on 'Banking' and choose any of the following: Credit Cards.

How much does HSBC charge for international payments? ›

There's usually no transfer charge to HSBC customers, but international banks may charge the recipient an incoming transfer fee.

Can a US citizen open an international bank account? ›

Many of the documents needed to open a foreign bank account will be similar to opening an account in the US. However, the exact requirements depend on the bank, the country, and your residence situation. That said, to open a foreign bank account you'll pretty much always need: Proof of ID — usually your passport.

What is the HSBC Global account? ›

What is an HSBC Global Money Account? It's a digital account you can use to hold money in different currencies. It's also an easy-to-use instant payment service that lets you manage, send and spend money in different currencies securely. It's free from HSBC fees. Non-HSBC fees may apply.

What is the best international bank to open an account? ›

NerdWallet's Best Banks for International Travel
  • Schwab Bank: Best for Using ATMs.
  • Capital One: Best for Foreign transaction fees.
  • HSBC: Best for Expats with high balances.
  • Citibank, N.A.: Best for Wiring money.
  • Revolut: Best for Nonbank multicurrency account.
Nov 15, 2023

How much does HSBC charge for international? ›

What are the credit card fees abroad?
HSBC Credit Card
PurchasesNon-Sterling transaction fee 2.99%
WithdrawalsCash Fee 2.99% (minimum £3.00) Non-Sterling transaction fee 2.99%
More informationFind out more
HSBC Student Credit Card
9 more rows

Can you link HSBC accounts in different countries? ›

Link international accounts together

Stay connected and get a single view of all your worldwide accounts 24/7 wherever you are with Global View1 . Just register for online banking in all the destinations you have an HSBC account to get started.

References

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